The Greedy Trader Weekly Analysis
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Number of records: 12
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Uptrend Exhaustion
Uptrend Exhaustion stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Uptrend Exhaustion alert indicates that long term uptrend is exhausted and probability of long term trend reversal is high. Uptrend exhaustion stock market alert presents relatively low to medium risk - high reword stock pick for overvalued stocks.

The strategy is based on selling (or taking a short) position on anticipation of uptrend reversal.
Stock trend chart following long term trend analysis and trend following indicator.
trend following,stock trend chart,trend following indicator,following long term trend
iShares MSCI Germany Index
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Summary:
Weekly :Broken trend support line
Daily :
Move cursor over the icon to see details.

It was the negative week for the iShares MSCI Germany Index (EWG). During the week, the EWG gave back -0.02 points, or -0.07%, and closed at 30.63 on Friday, July 13, 2018. Weekly volume was -37% below average.

Long-term trend: [See EWG long-term trend chart]
A long-term uptrend had started on June 27, 2016 at 22.51 and reached 35.87 on January 24, 2018. EWG gained -13.36 points, or -59.35%, in 82 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (33.96) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.

Medium-term trend: [See EWG medium-term trend chart]
A medium-term downtrend had started on January 24, 2018 at 35.87 and reached 29.32 on June 28, 2018. EWG lost 6.55 points, or 18.26%, in 22 weeks. The price is now at the 20% retracement level.

Weekly Technical Indicators: [See EWG weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since February 2, 2018. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.

Short-term trend: [See EWG short-term trend chart]
A short-term uptrend had started on June 28, 2018 at 29.32 and reached 30.97 on July 10, 2018. EWG gained -1.65 points, or -5.63%, in 12 days. The price is now at the 20.61% retracement level.

Daily Technical Indicators: [See EWG daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since July 5, 2018. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.00
Williams' Percentage Range (W%R) 61.50
Lane's Stochastic (%D-Slow) 79.64
Greed/Fear Indicator (GFI) 56.06
Moving Average Converg./Diverg. (MACD) -0.45
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 39.23
Williams' Percentage Range (W%R) 70.40
Lane's Stochastic (%D-Slow) 28.67
Greed/Fear Indicator (GFI) 33.02
Moving Average Converg./Diverg. (MACD) -0.17
Trading Signals
Description Value Chart
Yearly Trendline Support 33.96
Upper Bollinger Band 32.11
50 Day Moving Average 31.72
Daily Stochastic Crossing 30.70
Price 30.63
20 Day Moving Average 30.51
Weekly Stochastic Crossing 30.15
Parabolic System 29.98
Lower Bollinger Band 29.36
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 29.32
Low Date 06/28/2018
High 30.97
High Date 07/10/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 33.41
High Date 04/18/2018
Low 29.32
Low Date 06/28/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 33.52
High Date 02/16/2018
Low 29.32
Low Date 06/28/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 35.87
High Date 01/24/2018
Low 29.32
Low Date 06/28/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 37.03
Support 33.96
Low 22.51
Low Date 06/27/2016
High 35.87
High Date 01/24/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

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